ME LD1

Establishes a Home Resiliency Program providing grants to homeowners for projects that reduce damage from extreme weather events, funded with $15 million transferred from Insurance Bureau funds and allocated $7.5 million annually for FY2025-26 and FY2026-27

Transfers $10 million to the Disaster Recovery Fund and creates a new Safeguarding Tomorrow Revolving Loan Fund with $750,000 to provide low-interest loans to county, municipal, and tribal governments for hazard mitigation infrastructure projects

Creates a State Resilience Office within the Maine Office of Community Affairs to coordinate state resilience policies, administer the Community Resilience Partnership Program and floodplain management programs, and receive $1.755 million annually from Insurance Bureau funds starting FY2027-28

Allocates $5.75 million for a "Flood-Ready Maine" project to develop inland, coastal, and riverine hydrologic models, create an online community risk data hub, and update flood maps

Enacted as emergency legislation effective April 22, 2025, in response to December 2023 and January 2024 winter storms that caused an estimated $90 million in public infrastructure damage